March 7, 2024 – Written by John Cameron
Leave a comment STORY LINK Scope for Pound Sterling Gains Against Euro on Today’s ECB Meeting
The Pound to Euro exchange rate (GBP/EUR) was unable to make headway on Wednesday and settled below the 1.1700 level.
The budget failed to lift the Pound and the focus will now be on Thursday’s ECB policy meeting to see if traders can force a breakout from narrow ranges on dovish ECB talk.
According to MUFG; “We have been continuing to recommend a short EUR/GBP trade idea on the back of our expectations that the ECB will…
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